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Effect of Capital Structure on Corporate Profit: Evidence from Cement Manufacturing Firms in Nigeria

Ajen Daniel

Abstract

This study investigates Effect of Capital Structure on Corporate Profit evidence from cement manufacturing firms in Nigeria. Ex-pos factor research design is adopted. Data were collected from secondary source. Data were subjected to secondary source using regression analysis. The findings show that there is a significant and positive effect of short- and long- term debts on the profit of the Nigerian cement firms. The study recommends among others that the government, through Central Bank of Nigeria, Securities and Exchange Commission should continue to strengthen the bond market so that cement firms can raise a lot of long- term debt which they need to meet their long-term loan obligations.

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